Base metals still looks positive however some of them have entered overbot zone and might show some small correction but overall they are positive. Yesterday Copper has made its new recent high & others are trying to break those recent highs. Lets see if they can!!!

Crude is almost reached its next level of resistance on an upside. 3194 is the resistance for it. Above this it can show you 3268.

Gold & Silver as expected gave handsome returns on the long side. Both still looks good and can give more returns from here as well. As I had mentioned yesterday Gold was strong buy above 14823 for a target of 14940/15k and it has almost touched 1st target. Silver was also a good buy above 22100 & it also gave nice 300 points gain intraday...More to come...

Natural Gas as expected showed a nice volatile session. In the 1st half it was up and then fell badly till lower circuit and then gave a sharp bounced of 7-8 points..What should be the next strategy???? Go long or initiate shorts???